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The fair value option allows a company to report most financial instruments at fair value at any point of time. record the unrealized gains and

The fair value option allows a company to

report most financial instruments at fair value at any point of time.

record the unrealized gains and losses related to changes in the fair value of available-for-sale debt securities in net income.

account for held-to-maturity securities at amortized cost.

all of these choices are true of the fair value option.

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